NOT LISTED FOR SALE

Estimated Value: $2,354,000 - $2,655,000

3 Beds
2.5 Baths
2,314 Sq Ft
$1,074/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $1,662,600 $718 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $15,404/month

41 Days on Market

Highlights

  • Art Studio
  • Panoramic View
  • Wood Flooring
  • Mt. Washington Elementary Rated A-
  • 1.85 Acre Lot
  • No HOA

About This Home

As of July 2017

In the hills of Mt. Washington & gated at the end of Cross Avenue, is a modern artist compound. Privately sited on nearly 2 full acres & directly adjacent to 19-acres of open space, maintained by the Santa Monica Conservancy. Hidden amongst flowering shrubs and trees, the main residence gallery entry opens to floor-to-ceiling windows taking advantage of the panoramic, scenic views of Los Angeles. The living room with beamed ceiling, fireplace, custom-designed floors and expansive walls, allow for substantial art. The dining area with entertaining view deck, as well as the kitchen with chef's appliances and ample storage - also orientate everyone to the views beyond. Master retreat with over-sized Roman glass-tiled tub and Japanese-inspired outdoor patio. Two additional bedrooms and baths, including downstairs guest suite with sitting room-office. The secluded and extensive park-like grounds with walking paths, meander through mature trees to private outdoor alcoves, bocce court, vineyard & ancillary storage building, all with majestic views to the north, east & west. An additional light-filled 400-square foot proper studio with French doors & floor-to-ceiling north-facing windows is nestled on the property & acts as the perfect venue for work or play.

Last Agent to Sell the Property

Richard Nason

COMPASS License #01974305 Listed on: 05/19/2017

COMPASS

Co-Listed By

Lynwen Hughes-boatman

COMPASS License #00895008

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,704

Year Built

  • Built in 1951

Lot Details

  • 1.85 Acre Lot
  • Property is zoned LARE40

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain

Interior Spaces

  • 2,314 Sq Ft Home
  • Living Room with Fireplace
  • Art Studio
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Conventional Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5471017060

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,704

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Downstairs projector television.
  • Property Attached: No
  • View: Yes
  • Zoning: LARE40
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5471017060
  • Year Built: 1951
  • Special Features: Auction

Interior Features

  • Fireplace: Yes
  • Living Area: 2314.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 637.42
  • Room Type: Art Studio

Exterior Features

  • View: City Lights, Panoramic, Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Natural Gas
  • Sewer: Conventional Septic
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 80773.00
  • Lot Size Acres: 1.8543

Multi Family

  • Lease Considered: No
  • Lot Size Area: 80773.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 29, 2017
Sold by
Defazio Dominic J and Defazio Hem Young
Bought by
Johnson Matthew and Schifino Kimberly
Seller's Agent
Richard Nason
COMPASS
List Price
$1,475,000
Sold Price
$1,662,600
Premium/Discount to List
$187,600
12.72%
Current Estimated Value
$2,484,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$821,948
Avg. Annual Appreciation
4.89%
Original Mortgage
$960,000
Outstanding Balance
$768,680
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,688,651

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 6, 2017
Sold by
Defazio Dominic J and Defazio Hem Young
Bought by
Defazio Dominic J and Defazio Hem Young
Seller's Agent
Richard Nason
COMPASS
List Price
$1,475,000
Sold Price
$1,662,600
Premium/Discount to List
$187,600
12.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$768,680
Interest Rate
2.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,688,651
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Matthew $1,663,000 Lawyers Title
Defazio Dominic J -- Dar Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Matthew $960,000
Previous Owner Defazio Dominic J $213,000
Previous Owner Defazio Dominic J $417,000
Previous Owner Defazio Dominic J $500,000
Previous Owner Defazio Dominic $150,000
Previous Owner Defazio Dominic J $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $1,662,600 +12.7% $718 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $1,475,000 -- $637 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,704 $1,891,749 $1,137,827 $753,922
2024 $22,704 $1,854,657 $1,115,517 $739,140
2023 $22,263 $1,818,293 $1,093,645 $724,648
2022 $21,226 $1,782,641 $1,072,201 $710,440
2021 $20,971 $1,747,688 $1,051,178 $696,510
2019 $20,342 $1,695,852 $1,020,000 $675,852
2018 $20,266 $1,662,600 $1,000,000 $662,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317004336

Pasadena-Foothills Association of REALTORS®

APN: 5471-017-064